Written by ForexBrokers.com
In this head to head comparison of Swissquote vs Libertex (Forex Club), we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Swissquote, established in 1996, distinguishes itself as a premier online broker with a Trust Score of 99 out of 99, according to ForexBrokers.com. As a publicly traded bank, Swissquote holds five Tier-1 licenses, categorized as highly trusted, and two Tier-2 licenses, reflecting its solid standing in the financial services industry. This combination underscores Swissquote's high level of credibility and commitment to client security and regulatory compliance.
Conversely, Libertex (Forex Club), founded in 1997, offers an alternative with a Trust Score of 73. While this positions the firm as presenting an average risk, its portfolio consists of one Tier-1 license. Unlike Swissquote, Libertex is not publicly traded and doesn’t hold any Tier-2 licenses. As a non-bank entity, Libertex might appeal to traders seeking different attributes, although they should consider the broker's regulatory standing and how it aligns with their trading preferences.
| Feature |
Swissquote
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 1996 | 1997 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 5 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 0 |
When comparing the commission and fee structures of Swissquote and Libertex (Forex Club), there are notable differences that may influence your choice depending on your trading priorities. Swissquote, a Swiss banking conglomerate, provides a sense of security but often at a premium cost. The trading costs with Swissquote are a bit higher and they don't always stack up favorably against lower-cost forex brokers. Their U.K.-based accounts typically offer lower costs and deposit requirements compared to their Swiss and Luxembourg branches. For frequent traders, the Elite account at Swissquote's U.K. entity stands out with lower spreads and a $5 charge per round-turn trade. However, beginners might find the Standard account's 1.3 pips spread on EUR/USD less appealing.
Libertex (Forex Club), on the other hand, presents a more streamlined structure but lacks available spread data, making direct cost comparisons challenging. Their overall commission and fees rating is slightly lower, earning 3 out of 5 stars, versus Swissquote's 3.5 out of 5 stars. This suggests Swissquote is perceived to offer marginally better value in terms of fees. However, when it comes to global rankings, Swissquote ranks #52 out of 62 brokers, while Libertex trails at #61, further highlighting the competitive edge Swissquote holds in the fees department.
Ultimately, your decision might rest on what you prioritize more: the prestige and security of being linked with a Swiss banking entity with Swissquote, or the potentially simpler, though ambiguous, fee structure of Libertex. Consider your trading habits, specifically the needed deposit levels and expected spread costs, when choosing between these options.
| Feature |
Swissquote
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $1000 | $10 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments offered by Swissquote and Libertex (Forex Club), Swissquote stands out with a broader selection, offering 472 tradeable symbols compared to Libertex's 300. Swissquote provides access to 80 forex pairs, surpassing Libertex's offering of 51 pairs. Moreover, Swissquote clients can purchase exchange traded securities on U.S. and international exchanges, enabling them to buy shares like Apple (NASDAQ: AAPL) and Vodafone (VOD-GB) directly, a feature not available with Libertex. Both brokers facilitate forex trading through CFDs or spot contracts and offer copy trading capabilities, appealing to traders who prefer replicating strategies.
In terms of cryptocurrency options, Swissquote users can buy actual cryptocurrency, while Libertex limits its offering to cryptocurrency derivatives. Swissquote is highly rated with 5 stars for its range of investments and is ranked 2nd among 62 brokers in this category by ForexBrokers.com. In contrast, Libertex receives 3.5 stars and is ranked 53rd, highlighting Swissquote's comprehensive investment options and position as a leading choice for diverse investment strategies.
| Feature |
Swissquote
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 472 | 300 |
| Forex Pairs (Total) | 80 | 51 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Swissquote and Libertex (Forex Club) both offer solid options for online traders, with each providing access to a free virtual demo account for simulated trading. Both brokers have developed their own proprietary platforms, alongside the availability of Windows-based desktop and web-based trading platforms. In terms of copy trading, both services are on equal footing, supporting this feature for clients. However, a significant difference arises with MetaTrader access: Swissquote supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while Libertex limits users to MT4. Neither broker offers popular third-party tools like DupliTrade or ZuluTrade, but they do allow trading directly from stock charts.
When it comes to charting tools, Swissquote impresses with 75 drawing tools, far surpassing Libertex’s offering of 30. Swissquote also provides 11 fields for watch lists, compared to Libertex's 7. These features contribute to Swissquote’s higher rating of 4.5 stars for Trading Platforms and Tools, compared to Libertex's 4 stars. In the rankings by ForexBrokers.com, Swissquote secures the #12 spot out of 62 brokers, showing a strong preference from users for its trading platform features, while Libertex is positioned at #50, demonstrating room for improvement in tools and functionality.
| Feature |
Swissquote
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 86 | 15 |
| Charting - Drawing Tools (Total) | 75 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 11 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Swissquote and Libertex offer comprehensive mobile trading apps for iPhone and Android users. Whether you're into stocks or forex, these apps are designed to keep you updated with price alerts and real-time quotes. They also allow you to draw trend lines on charts and view multiple time frames such as daily, weekly, or intraday. Both platforms offer 30 technical studies for chart analysis, catering to enthusiasts who love diving into data. However, only Swissquote automatically saves drawings on charts, which is a handy feature missing in Libertex's app.
One notable difference lies in how each app handles watchlists. Libertex supports watchlist symbol syncing, which means changes made on the app or online account automatically update on both platforms. Unfortunately, Swissquote does not offer this feature. When it comes to user ratings, Swissquote edges out Libertex with a 4.5-star rating compared to Libertex's 4-star, as reviewed by ForexBrokers.com. In terms of ranking among 62 brokers for mobile trading apps, Swissquote is placed 11th, significantly ahead of Libertex, which stands at 49th.
| Feature |
Swissquote
|
Libertex (Forex Club)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of Swissquote and Libertex (Forex Club), there are notable differences in availability and depth of resources. Swissquote provides daily market commentary, allowing traders to stay updated with day-to-day market moves, a feature that Libertex lacks. Both brokers deliver forex news from prestigious sources like Bloomberg and Reuters, ensuring access to high-quality market insights. Swissquote takes the lead in technical analysis by offering tools from Autochartist, a capability Libertex does not provide. Neither Swissquote nor Libertex offers tools from Trading Central, sentiment-based trading tools, or market research insights from TipRanks and Acuity Trading. However, both brokers do supply economic calendars to help track global economic events.
Assessing the research ratings, Swissquote earns a respectable 4 out of 5 stars, positioning itself well in the market research landscape. Libertex falls slightly behind with a 3-star rating. Swissquote is ranked #16 out of 62 brokers by ForexBrokers.com for its market research prowess, while Libertex sits at #60, reflecting Swissquote's stronger emphasis and capability in this area. These differentiators highlight Swissquote's advantage in offering comprehensive research tools and insights for informed trading decisions compared to Libertex.
| Feature |
Swissquote
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners interested in forex and CFDs, both Swissquote and Libertex (Forex Club) offer educational content, providing a good starting point for learning about these trading areas. However, Swissquote distinguishes itself with a more comprehensive educational setup. Swissquote provides regular online webinars and a searchable archive of past sessions to help expand and deepen understanding over time. Beginners can benefit from at least 10 specific educational videos focusing on trading basics, accompanied by an extensive investor dictionary offering over 50 terms to ensure a solid foundation.
In comparison, Libertex (Forex Club) also delivers 10 pieces of educational content but lacks the regular webinars and the accessible archive feature. Their beginner video selection does not meet the 10-video threshold, although they do offer advanced trading content similar to Swissquote. Another difference lies in the absence of a detailed investor dictionary, which Swissquote supplies as an additional learning tool. As a result of these distinctions, Swissquote receives a higher education rating of 4 stars and ranks 21st out of 62 brokers in the Education category, whereas Libertex holds 3 stars and ranks 57th.
| Feature |
Swissquote
|
Libertex (Forex Club)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Swissquote is better than Libertex (Forex Club). Swissquote finished with an overall rank of #11, while Libertex (Forex Club) finished with an overall rank of #60.
Traders choose Swissquote for its quality research and vast multi-asset offering – as long as they are willing to pay a premium to have their brokerage account held with a Swiss bank.
| Feature |
Swissquote
|
Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 73 |
| Range of Investments |
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| Commissions & Fees |
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While Swissquote allows investors to purchase actual delivered cryptocurrency and cryptocurrency derivatives, Libertex (Forex Club) only offers the option to trade in cryptocurrency derivatives without providing the ability to buy the actual digital coins.
Both Swissquote and Libertex (Forex Club) support ACH and SEPA transfers, PayPal, Skrill, and bank wire options for depositing or withdrawing funds, but only Swissquote offers Visa or Mastercard as a payment option.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Swissquote | Libertex (Forex Club) | |
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| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | Swissquote Review |
| Broker Screenshots | Swissquote | Libertex (Forex Club) | |
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| Regulation | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 99 | 73 | |
| Year Founded | 1996 | 1997 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 5 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 0 |
| Tier-1 Licenses (Highly Trusted) | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 472 | 300 | |
| Forex Pairs (Total) | 80 | 51 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $1000 | $10 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 11 | 7 | |
| Charting - Indicators / Studies (Total) | 86 | 15 | |
| Charting - Drawing Tools (Total) | 75 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Swissquote Review |
| Overall | Swissquote | Libertex (Forex Club) | |
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| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | Swissquote Review |
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